Ablation Technologies Market by Application & Product Is Expected to Reach $3.81 Billion by 2019 - New Report by MarketsandMarkets

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Technological advancements in the field of ablation devices, rapidly aging population, increasing prevalence of cancer and cardiovascular diseases, and increasing demand for minimally invasive surgery are key factors fuelling the growth of the ablation technologies market. http://www.marketsandmarkets.com/Market-Reports/ablation-devices-market-791.html

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Covidien plc (Ireland), Medtronic, Inc. (U.S.), Biosense Webster, Inc. (U.S.), St. Jude Medical, Inc. (U.S.), and Boston Scientific Corporation (U.S.)

In the ablation technologies market, leading players are adopting the strategies of new product development, new product launches, product enhancements, geographic expansions, agreements, acquisitions, and joint ventures to expand their presence. Market players adopted these strategies to access new technologies, develop novel products, expand their product portfolio, enter into growing markets, and increase their market share. In addition to the top market players, companies such as St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), AngioDynamics, Inc. (U.S.), and AtriCure, Inc. (U.S.) are primarily focused towards launching new ablation devices and acquisitions to widen their product offerings in the market
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This report studies the global ablation technologies market over the forecast period of 2014 to 2019. The market is expected to reach ~$3.81 billion by 2019, at CAGR of 9.6% from 2014 to 2019. It involves thermal and non thermal ablation technologies. Thermal technologies segment include technologies such as radio-frequency, microwave, ultrasound, hydrothermal, radiation, electrical and light/laser technologies. Under non-thermal ablation technologies, cryoablation and hydro-mechanical technologies are studied.

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Ablation procedure refers to a minimally invasive surgical procedure which involves either destruction or removal of diseased or unnecessary tissue with the aim to cure the disease. It provides successful form of surgical option that has gradually becoming a popular alternative over invasive procedure amongst physicians and patients. The principal advantages of these procedures over surgery is short recovery time, short length scars, low risk of infection, less blood loss, and shorter hospital stays.

Factors such as increasing aging population, technological advancements, and rising incidence of chronic diseases such as cardiovascular disorders, cancer, and diseases associated with gynecology, urology and orthopedics, are driving the market. However, the pricing pressures, economic slowdown and unstable reimbursement policies, will restrict the growth of this market to a certain extent.

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Americas is the biggest market for ablation devices, followed by Europe. However, Asian countries represent the fastest growing markets and factors such as high patient pool, growing preferences to MIS, geographical expansion of market players, increased government investment in healthcare facilities especially in rural areas, westernisation in life style and dietary habits, increasing healthcare expenditure & improving medical insurance plans are driving the ablation devices market.

Report includes company profiles of major players such as Covidien plc (Ireland), Medtronic, Inc. (U.S.), Biosense Webster, Inc. (U.S.), St. Jude Medical, Inc. (U.S.), CONMED Corporation (U.S.), AngioDynamics, Inc. (U.S.), AtriCure, Inc. (U.S.), Smith & Nephew plc (U.K.),and Olympus Corporation (Japan).

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